Business

How much does Opay charge per transaction

With the rise of digital payment systems, Opay has established itself as a reliable and efficient platform for conducting transactions in Nigeria.

Thousands of individuals and companies are choosing to use this platform for its ease of use and convenience.

However, one of the most pressing questions on the mind of consumers is how much Opay charges per transaction.

In this article, we will explore Opay’s transaction fees and provide insights into how it compares with other payment platforms in Nigeria.

Whether you are a small business seeking to optimize your costs or an individual looking for the most affordable way to send and receive money, this article will help you make an informed decision that works for you.    

Opay POS charges can go as low as 0.5% per transaction (if you’re using the mini POS).

However, note that the Initial charge per transaction is 0.6% and then 0.5% after upgrading to Preferred Merchant status.

Opay POS charges in details

For withdrawal

• ₦1000 charges = ₦6

• ₦2000 charges = ₦11

• ₦3000 charges = ₦16

• ₦4000 charges = ₦22

• ₦5000 charges = ₦26

• ₦6000 charges = ₦31

• ₦7000 charges = ₦35

• ₦8000 charges = ₦41

• ₦9000 charges = ₦46

• ₦10,000 charges = ₦55

• ₦11,000 charges = ₦59

• ₦12,000 charges = ₦65

• ₦13,000 charges = ₦68

• ₦14,000 charges = ₦75

• ₦15,000 charges = ₦80

• ₦16,000 charges = ₦85

• ₦17,000 charges = ₦90

• ₦18,000 charges = ₦95

• ₦19,000 charges = ₦99

• ₦20,000 upward the charges is = ₦100

For Deposit

Any amount is cap at rate of 20 Naira charge’s

But the amount above are some time less depending on how you make a transaction because has you’re doing transaction they will be promoting your star has your rank is high the price is less.

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